Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -21.28% first-year return on $606k initial cash invested.
-21.28%
Cash On Cash
1.55%
Cap Rate
0.26
DSCR
$7,311
Rent
-$10,740
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,311 income − $18,051 expenses = $10,740 out of pocket
Investment Breakdown
|
Purchase Price
$2799k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$606k
Downpayment
20%
$560k
Closing costs
1%
$27,989
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,311
Total Expenses
$18,051
Mortgage P&I
192%
$14,053
Property Taxes
7%
$534
Home Insurance
13%
$980
HOA
0%
$0
Property Management
12%
$877
CapEx
4%
$292
Vacancy
3%
$219
Maintenance
4%
$292
Other
11%
$804